Mackay’s economy is built around resources, agriculture, construction, engineering, logistics and industrial services. Many local businesses support the Bowen Basin, sugar cane production, equipment maintenance and growing critical minerals and renewable energy activity, creating significant exposure to property damage, equipment failure and operational downtime.
Businesses operating in these sectors carry substantial asset values, significant stock and equipment holdings and meaningful revenue exposure to operational disruption. A standard commercial insurance policy may not provide adequate protection. ISR Insurance provides the breadth, depth and flexibility of cover that operations of this nature require.
ISR is a broad-form, high-limit policy that covers property damage, business interruption and a range of associated risks under a single structure. It is designed to respond to complex loss scenarios, not just straightforward fire and theft claims.
ISR Insurance is suited to businesses with substantial assets, operational complexity or significant revenue dependency. In the Mackay region, it is particularly relevant for:
As a general guide, ISR is typically appropriate where total insurable value exceeds $5 million, though the right threshold varies by industry and operation type.
ISR policies operate on an all-risks basis, covering all loss events unless specifically excluded. Standard coverage includes:
Standard exclusions across ISR policies include:
We go through all exclusions with you in plain language before you confirm a policy, so there are no surprises when a claim is made.
For Mackay businesses with significant machinery and equipment assets, ISR can also be structured to include specific machinery breakdown cover with extended business interruption, protecting against production losses resulting from major equipment failure.
For complex, challenging and difficult risks, such as Industrial Special Risk Insurance, Crucial Insurance and Risk Advisors is recognised as a specialised broker.
Companies pick us because:
Call us on 1300 400 707 or fill in the form to find out more about Industrial Special Risk Insurance for your Mackay business.